LiteForex Review, Rating and Comparison

Overview

LiteForex Trading Accounts

Rank
5.06/10
Based on 24 Reviews
Position in Rating
24
Since 06 August, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (24) «Scam Alert» 0% (0)
Official Name
LiteForex
Headquarters
Severnaya street 324b, 1st floor, Krasnodar, Russia
Offices in
Russian Federation, Indonesia, India, Thailand, Malaysia
Year founded
2005
Official Website
Official e-mail
Phone numbers
+79186851545
+622275167516
+66817071696
LiteForex Investments Limited - Financial company that provides brokerage services in the Forex market as well. It was registered in 2005 at the Marshall Islands, has a regulation under the Marshall Islands Business Corporation Act. LiteForex from the beginning was oriented to affordable, safe, simple and reliable Forex trading from any country. It was they who created the first service concept of cent accounts with a reduced deposit. That eventually led to a revolution in the Forex market, the hundreds of thousands customers now were able to trade on such conditions that have no one to provide before.
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Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
1
Max. Leverage
1:1000
Spread:
0.2
Payment Options:
WebMoney, QIWI, FasaPay, Neteller, Skrill (Moneybookers), Bank Wire Transfer, Visa \ MasterCard, CashU, Western Union, Wallet One, OKPay
Regulation:
RAFMM
US Traders:
Demo Platforms:
MetaTrader 4, MetaTrader 5, WebPlatform
Account Currency:

USD, EUR, GBP, AUD, CAD, CHF, DKK, JPY, NZD, PLN, SGD, CCK, HKD, HUF, MXN, NOK, SEK, TRY, ZAR, HRK, XAU, XAG, RUB

Website Languages:
English, Spanish, Russian, German, Portuguese, French, Arabic, Indonesian, Chinese, Italian, Polish, Greek
Support Languages:
English, Spanish, Arabic, Indonesian
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT +3
VPS for Traders:
$15/month
Cent
Classic
ECN
PAMM
Min. Position Size, lot:
0.1
Min. Account Size, $:
10
Maximum leverage, 1:
1000
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
0.2
Min. spread on EUR/USD, pips:
0.2
Trading Instruments:
Forex — 1:1000
Gold & silver — 1:1000
CFD — 1:1000
Trading Platforms:
MetaTrader 4, MetaTrader 5
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.1
Min. Account Size, $:
100
Maximum leverage, 1:
500
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
2.0
Trading Instruments:
Forex — 1:500
Gold & silver — 1:200
CFD — 1:200
Trading Platforms:
MetaTrader 4, MetaTrader 5
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
500
Maximum leverage, 1:
400
Spread Type:
Variable
Typical spread on EUR/USD, pips:
2.0
Min. spread on EUR/USD, pips:
0.9
Trading Instruments:
Forex — 1:400
Gold & silver — 1:400
CFD — 1:400
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.1
Min. Account Size, $:
200
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
3.0
Min. spread on EUR/USD, pips:
0.9
Trading Instruments:
Forex — 1:200
Gold & silver — 1:200
CFD — 1:200
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Telephone dealing
  • Scalping
  • Expert advisors

LiteForex Reviews

avatar
07 September, 2018

Nash Arjay from Philippines

8

Excellent team! I work with more than 4 years. And never i havetn problems whatsoever. I am sincerely grateful for the work with this company!!

avatar
25 June, 2018

Anna Maria from Germany

8

Lightforex is very like because of their teaching materials. If scroll the official site, user can find a lot of interesting even for the experienced trader. new tools are constantly added. And just a reliable broker, definitely. At least I didnt have typical problems.

avatar
13 June, 2018

Frederik from Australia

1

Hello ! I worked with LiteForex and I did not like the broker that use 3 different terminals and I lost money cuz i used it!!! I really nerves !!! I write this so that other newcomers will not injured. Now I work with AAATrade until everything suits. I hope my infa will be useful, all good luck and profit!

avatar
22 March, 2018

Mark from Switzerland

8

After deposited of my trading account by using the etherium I received a bonus from this broker. This is a plus of deposit if you are using cryptocurrency. I have accounts with several brokers. LiteForex is one of those brokers that I liked. Execution of transactions is fast, all questions solved on time and you always can contact the technical support of the broker.

avatar
07 March, 2018

Gauss from Greenland

3

LiteForex- I was disappointed, I have to wait a minute for the order to close! This rudeness in relation to us, traders! I personally was upset that the broker allegedly of a good level create such problems.

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16 February, 2018

Stiven from Romania

2

I was wary of this company, and I was right. Since the support did not help me solve the problem with my bonuses. Yes, we can trade there easily. But the company has more minuses.

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11 February, 2018

Frederik from British Virgin Islands

8

During my work with the broker, I have had two difficulties in working with the mobile terminal metatrader. Problems were solved by reinstalling the terminal. 1 time deduced the profit, the withdrawal process took for 2 days. I'm glad that it was processed and then what time does not bother me, I know that I can trust this broker with my money. Sometimes they change the design on their site, it's not always convenient to get used to something new.

avatar
28 January, 2018

Hanna from United Kingdom

9

I installed the terminal mt5 of the LiteForex broker. I wanted to find differences and how the terminals mt4 and mt5 differ from each other. I came to the conclusion that you can trade on any of the terminals and mt4 is more familiar and convenient. Therefore all who asked this question can trade using the same terminal that you are currently using, not the need to change it.

avatar
14 June, 2017

Razita from Italy

9

I used to have a trading account with this broker. The trade was successful, but the withdrawal was sometimes delayed for a week. I want to start trading again and hope that I will not face the withdrawal of money for 5-7 days. I want fast service But i can trust this broker because i always get my profit.

avatar
16 May, 2017

Jamal from Egypt

9

This is good broker with good opportinties. I have good experience while working with them and still working. Trading conditions are one of the best among other brokers, beside this there are many bonuses for newbies.

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